GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » WABCO Holdings Inc (FRA:WB0) » Definitions » Cyclically Adjusted PB Ratio

WABCO Holdings (FRA:WB0) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


View and export this data going back to 2007. Start your Free Trial

What is WABCO Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


WABCO Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WABCO Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WABCO Holdings Cyclically Adjusted PB Ratio Chart

WABCO Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

WABCO Holdings Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of WABCO Holdings's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, WABCO Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WABCO Holdings's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, WABCO Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WABCO Holdings's Cyclically Adjusted PB Ratio falls into.



WABCO Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

WABCO Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2020 is calculated as:

For example, WABCO Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2020 was:

Adj_Book=Book Value per Share/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=23.186/108.9015*108.9015
=23.186

Current CPI (Mar. 2020) = 108.9015.

WABCO Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201006 2.915 91.962 3.452
201009 3.612 92.162 4.268
201012 4.690 92.474 5.523
201103 5.944 94.283 6.866
201106 6.526 95.235 7.463
201109 6.556 95.727 7.458
201112 6.891 95.213 7.882
201203 7.629 96.783 8.584
201206 8.105 96.819 9.116
201209 8.699 97.633 9.703
201212 8.214 96.871 9.234
201303 8.695 98.209 9.642
201306 9.032 98.518 9.984
201309 9.594 98.790 10.576
201312 13.715 98.326 15.190
201403 13.499 99.695 14.746
201406 13.657 100.560 14.790
201409 13.482 100.428 14.620
201412 11.682 99.070 12.841
201503 12.457 99.621 13.617
201506 12.611 100.684 13.640
201509 12.055 100.392 13.077
201512 12.724 99.792 13.885
201603 11.865 100.470 12.861
201606 11.837 101.688 12.677
201609 12.833 101.861 13.720
201612 12.202 101.863 13.045
201703 13.150 102.862 13.922
201706 14.006 103.349 14.758
201709 14.881 104.136 15.562
201712 17.634 104.011 18.463
201803 18.436 105.290 19.068
201806 19.345 106.317 19.815
201809 18.979 106.507 19.406
201812 20.138 105.998 20.690
201903 21.611 107.251 21.944
201906 22.818 108.070 22.994
201909 24.063 108.329 24.190
201912 23.527 108.420 23.631
202003 23.186 108.902 23.186

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


WABCO Holdings  (FRA:WB0) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


WABCO Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of WABCO Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


WABCO Holdings (FRA:WB0) Business Description

Traded in Other Exchanges
N/A
Address
1220 Pacific Drive, Auburn Hills, MI, USA, 48326-3511
WABCO Holdings Inc is a producer of car and truck safety and efficiency technologies. The product lineup includes driver assistance systems, brake and stability control systems, brake chambers, suspensions, emission control systems, and fleet management systems. The products are developed for cars, busses, trailers, trucks, and utility vehicles. The majority of revenue is generated in Germany and the United States of America.

WABCO Holdings (FRA:WB0) Headlines

No Headlines